WSJ.com - Microsoft, HP Sign Technology Agreements With China

WSJ.com - Microsoft, HP Sign Technology Agreements With China: "U.S.-based Microsoft Corp. (MSFT) and Hewlett-Packard Co. (HPQ) Thursday signed separate agreements with China's Ministry of Information Industry to provide equipment, support and training to help in the development of the country's software industry.
According to the memorandum of understanding with Microsoft, the company will provide software and hardware, technical support and training valued at no less than 80 million yuan ($1=CNY8.28) over the next two years, Microsoft said in a statement.
Under the guidance of the MII, Microsoft will build two laboratories to help in the research and development of software and applications using Microsoft operating systems and .NET technology, it said."